# How much does the SOA certification cost?

## FEES

##### First qualification and renewal

The minimum fee payable to the SOA to obtain the certification is determined with the following formula (Annex C part I of Presidential Decree 207/2010):

##### P “BASIC FEE” =[C/12.500 + (2 x N + 8) x 413.16] x 1.0413 x R

where:

C = total amount of qualifications requested in the various categories
N = number of categories for which qualification is requested
R = coefficient of the increase recorded by the ISTAT cost of living index equal to 1.331.

##### P = CB x 3/5

where:

CB = basic fee calculated for the certification held at the time of the three-year verification

##### P = CB x 1/3

where:

CB = basic fee applied by inserting 1 in item N and the difference between the old class and the new class in item C (the fee must be applied to each individual class increase)

##### P = CBna – CBva

where:

CBna = basic fee calculated for the new certification
CBva = basic fee calculated for the old “BASIC” certification = [C/12.500 + (2 x N + 8) x 413.16] x 1.0413 x R